SlideShare une entreprise Scribd logo
1  sur  1
Which of the following is an example of an implicit cost for a firm?
The value of time worked by the owner.
Any wages and salaries paid to employed.
Rent on property not owned by firm.
Both b and c.
The value of time worked by the owner.
Any wages and salaries paid to employed.
Rent on property not owned by firm.
Both b and c.
Solution
An example of implicit cost for a firm is: The value of time worked by the owner.
The wages and salaries paid to employees and the rent on property not owned by firm are
examples of explicit cost.
I hope my solution solves your query.

Contenu connexe

Plus de toddr84

Plus de toddr84 (17)

Which of the following is likely to contradict Samuel Huntington-'s id.docx
Which of the following is likely to contradict Samuel Huntington-'s id.docxWhich of the following is likely to contradict Samuel Huntington-'s id.docx
Which of the following is likely to contradict Samuel Huntington-'s id.docx
 
Which of the following is correct- (a) Function dependencies are not a.docx
Which of the following is correct- (a) Function dependencies are not a.docxWhich of the following is correct- (a) Function dependencies are not a.docx
Which of the following is correct- (a) Function dependencies are not a.docx
 
Which of the following is considered middleware- A- Atomicity B- OLE C.docx
Which of the following is considered middleware- A- Atomicity B- OLE C.docxWhich of the following is considered middleware- A- Atomicity B- OLE C.docx
Which of the following is considered middleware- A- Atomicity B- OLE C.docx
 
Which of the following is considered a state function and why- Ice.docx
Which of the following is considered a state function and why-     Ice.docxWhich of the following is considered a state function and why-     Ice.docx
Which of the following is considered a state function and why- Ice.docx
 
Which of the following is an effective method of preventing computer v.docx
Which of the following is an effective method of preventing computer v.docxWhich of the following is an effective method of preventing computer v.docx
Which of the following is an effective method of preventing computer v.docx
 
Which of the following is a part of a DML statement- CREATE ALTER DROP.docx
Which of the following is a part of a DML statement- CREATE ALTER DROP.docxWhich of the following is a part of a DML statement- CREATE ALTER DROP.docx
Which of the following is a part of a DML statement- CREATE ALTER DROP.docx
 
Which of the following is a liquidity ratio- Price earnings (P-E)-.docx
Which of the following is a liquidity ratio-     Price earnings (P-E)-.docxWhich of the following is a liquidity ratio-     Price earnings (P-E)-.docx
Which of the following is a liquidity ratio- Price earnings (P-E)-.docx
 
Which of the following ions are likely not to exist in biological sett.docx
Which of the following ions are likely not to exist in biological sett.docxWhich of the following ions are likely not to exist in biological sett.docx
Which of the following ions are likely not to exist in biological sett.docx
 
Which of the following ions has an unusual or incorrect charge- Te2- B.docx
Which of the following ions has an unusual or incorrect charge- Te2- B.docxWhich of the following ions has an unusual or incorrect charge- Te2- B.docx
Which of the following ions has an unusual or incorrect charge- Te2- B.docx
 
Which of the following international organizations was established to.docx
Which of the following international organizations was established to.docxWhich of the following international organizations was established to.docx
Which of the following international organizations was established to.docx
 
Which of the following functions did congressional legislation give to.docx
Which of the following functions did congressional legislation give to.docxWhich of the following functions did congressional legislation give to.docx
Which of the following functions did congressional legislation give to.docx
 
Which of the following file structures is associated with the phenomen.docx
Which of the following file structures is associated with the phenomen.docxWhich of the following file structures is associated with the phenomen.docx
Which of the following file structures is associated with the phenomen.docx
 
Which of the following factors turned the budget surplus into a defici.docx
Which of the following factors turned the budget surplus into a defici.docxWhich of the following factors turned the budget surplus into a defici.docx
Which of the following factors turned the budget surplus into a defici.docx
 
which of the following elements would you expect to form mainly covale.docx
which of the following elements would you expect to form mainly covale.docxwhich of the following elements would you expect to form mainly covale.docx
which of the following elements would you expect to form mainly covale.docx
 
which technique allows multiple applications to share a transport conn.docx
which technique allows multiple applications to share a transport conn.docxwhich technique allows multiple applications to share a transport conn.docx
which technique allows multiple applications to share a transport conn.docx
 
which statements are correct with the transport layer- i the ultimate.docx
which statements are correct with the transport layer- i the ultimate.docxwhich statements are correct with the transport layer- i the ultimate.docx
which statements are correct with the transport layer- i the ultimate.docx
 
Which of the following is not a function of decomposition- (Points - 5.docx
Which of the following is not a function of decomposition- (Points - 5.docxWhich of the following is not a function of decomposition- (Points - 5.docx
Which of the following is not a function of decomposition- (Points - 5.docx
 

Dernier

Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
KarakKing
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
ZurliaSoop
 

Dernier (20)

Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 

Which of the following is an example of an implicit cost for a firm- T.docx

  • 1. Which of the following is an example of an implicit cost for a firm? The value of time worked by the owner. Any wages and salaries paid to employed. Rent on property not owned by firm. Both b and c. The value of time worked by the owner. Any wages and salaries paid to employed. Rent on property not owned by firm. Both b and c. Solution An example of implicit cost for a firm is: The value of time worked by the owner. The wages and salaries paid to employees and the rent on property not owned by firm are examples of explicit cost. I hope my solution solves your query.